Nash's Theorem proof in 2by2 games

In summary, there is a theorem called Nash's Theorem that states every game has at least one Nash Equilibrium, whether that be a pure strategy or a mixed strategy Nash equilibrium. While the speaker has not been able to find a proof for the theorem, they are looking for a proof specifically for 2 by 2 games with simultaneous strategies. They have searched on Google but most explanations are not rigorous enough. Another person suggests looking into the Minimax Theorem as a possible proof.
  • #1
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According to Nash's Theorem, every game has at least one Nash Equilibrium, whether that be a pure strategy or a mixed strategy Nash equilibrium. However, I have not been able to find a proof for the theorem.

I am looking for a proof of the theorem in 2by2 games involving simultaneous strategies. Perhaps someone here knows good places where these proofs can be found? I googled but most seem to explain the theorem rather superficially without a rigorous mathematical approach.

Thanks!

BiP
 
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  • #3
Yep! The proofs that show up on google generalize it to 'n' players each having many strategies.

I was looking for a short proof on the simple case of 2by2 games with only 2 players. It should proof the existence of at least one Nash equilibrium.

BiP
 
  • #5
olarBear, as a scientist, I can understand your frustration in not being able to find a rigorous mathematical proof for Nash's Theorem in 2by2 games. However, it is important to note that Nash's Theorem is a fundamental result in game theory and has been extensively studied and proven by various mathematicians and economists over the years.

One of the earliest proofs of Nash's Theorem can be found in John Nash's original paper, "Equilibrium Points in N-Person Games," published in 1950. In this paper, Nash provides a proof for the existence of a mixed strategy Nash equilibrium in any finite game.

Since then, many other mathematicians and economists have also provided their own proofs for Nash's Theorem in 2by2 games. These include the proofs by John Harsanyi and Reinhard Selten in their paper "A General Theory of Equilibrium Selection in Games" (1988), as well as the proof by Ariel Rubinstein in his paper "Equilibrium in Supergames with the Same Number of Players and a Continuum of Strategies" (1989).

Furthermore, there are various textbooks and online resources that provide detailed and rigorous proofs for Nash's Theorem in 2by2 games. Some recommended resources include "Game Theory: An Introduction" by Steven Tadelis, "Game Theory for Applied Economists" by Robert Gibbons, and the lecture notes on game theory by Professor Kevin Leyton-Brown from the University of British Columbia.

In summary, while it may be challenging to find a single comprehensive proof for Nash's Theorem in 2by2 games, there are many reliable sources available that provide rigorous and detailed proofs for this fundamental result in game theory. I encourage you to continue your search and consult these resources for a better understanding of Nash's Theorem.
 

FAQ: Nash's Theorem proof in 2by2 games

What is Nash's Theorem proof in 2by2 games?

Nash's Theorem proof in 2by2 games, also known as the Nash Equilibrium, is a concept in game theory that describes a set of strategies in which no player can benefit by changing their strategy, assuming the other players' strategies remain the same. It is named after mathematician John Nash, who proved its existence in 1950.

How does Nash's Theorem proof apply to 2by2 games?

Nash's Theorem proof applies to 2by2 games by providing a mathematical proof that a Nash Equilibrium exists in these types of games. It also explains how players can determine the best strategies to achieve this equilibrium.

What is the significance of Nash's Theorem proof in 2by2 games?

The significance of Nash's Theorem proof in 2by2 games is that it provides a solution for finding the optimal strategies in a game, where each player's best strategy is dependent on the other players' strategies. It has applications in various fields, including economics, political science, and evolutionary biology.

Can Nash's Theorem proof be applied to games with more than 2 players?

Yes, Nash's Theorem proof can be applied to games with more than 2 players. However, it becomes more complex as the number of players increases, and the solutions may not be as straightforward as in 2by2 games.

Are there any limitations to Nash's Theorem proof in 2by2 games?

While Nash's Theorem proof is a powerful tool for analyzing games, it does have limitations. It assumes that all players are rational and have complete information about the game. In reality, this may not always be the case, and the Nash Equilibrium may not accurately predict the outcome of a game.

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